Lower-of-Cost-gr-Market Method On the basis of the data shown below: Inventory Quantity Item Cost per Unit Market Value per Unit (Net Realizable Value) $34 A13Y 142 $31 B354 295 15 11 Determine the value of the inventory at the lower-of-cost-or-market by applying lower-of-cost-or-market to each inventory item, as shown in Exhibit 9. 8,982 X